Basics

About

Built by Olam Foundation, a team of international logistics, supply chain management, and blockchain technology veterans, this infrastructure standard in collaboration with some of the most significant names in global trade (Visa, Kühne + Nagel, Swissport and Lufthansa among others).

The Olam platform will help companies involved in logistic processes meet today’s industry challenges with practical solutions that support business development. With a standard open-source platform, Olam is aiming to solve the chaos of the logistics world through the replacement of outdated mechanisms and procedures. The platform will enable different players along the supply chain to easily connect, communicate and develop their business with trust, reliability, and transparency.

Once implemented, the platform will become the standard choice for all logistics activities and services in the supply chain like the TCP/IP standard protocol was required for the Internet to take off. The platform will also provide a set of APIs and protocols that will enable trusted, cost-effective and ubiquitous logistics services. This includes current and future logistics processes, devices and business models. We will also shortly elaborate on how the Olam core technology will incorporate smart contracts, and establish secure, standardized services through APIs and protocols.

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Thanks to Smart Contract technology, GSC Platform will be able to provide a smart global tool to provide ease of use in the purchasing processes of any businesses.
This will reduce costs and save time, permitting companies to improve their revenues and trade margins. The purchasing department is the most crucial department in businesses, handling up to 80% of the total expenses of the company.
By utilizing the blockchain, GSC Platform aims to provide innovative tools to purchasers to improve their businesses using plug and play technology with a user friendly dashboard where all relevant information and history will be available instantly.